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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Electric plant:    
In service $ 9,394,112 $ 9,209,983
Right-of-use assets--finance leases 302,732 302,732
Less: Accumulated provision for depreciation (4,968,294) (4,833,025)
Net in service 4,728,550 4,679,690
Nuclear fuel, at amortized cost 358,728 359,270
Construction work in progress 5,783,579 4,816,896
Total electric plant 10,870,857 9,855,856
Investments and funds:    
Nuclear decommissioning trust fund 598,181 511,339
Investment in associated companies 74,844 73,318
Long-term investments 518,065 254,864
Restricted investments 306,601 461,757
Other 29,189 26,422
Total investments and funds 1,526,880 1,327,700
Current assets:    
Cash and cash equivalents 405,511 448,612
Restricted short-term investments 180,986 71,833
Receivables 152,466 166,429
Inventories, at average cost 280,289 277,729
Prepayments and other current assets 33,839 9,862
Total current assets 1,053,091 974,465
Deferred charges and other assets:    
Regulatory assets 731,438 763,512
Prepayments to Georgia Power Company 37,601 48,052
Other 20,289 20,528
Total deferred charges 789,328 832,092
Total assets 14,240,156 12,990,113
Capitalization:    
Patronage capital and membership fees 1,072,642 1,016,747
Long-term debt 10,298,385 9,403,847
Obligations under finance leases 68,876 75,649
Other 26,861 25,196
Total capitalization 11,466,764 10,521,439
Current liabilities:    
Long-term debt and finance leases due within one year 208,649 217,440
Short-term borrowings 383,498 282,370
Accounts payable 162,249 165,049
Accrued interest 72,434 65,895
Member power bill prepayments, current 46,068 77,066
Other current liabilities 68,932 49,443
Total current liabilities 941,830 857,263
Deferred credits and other liabilities:    
Asset retirement obligations 1,135,983 1,070,640
Member power bill prepayments, non-current 98,113 134,396
Regulatory liabilities 566,399 364,241
Other 31,067 42,134
Total deferred credits and other liabilities 1,831,562 1,611,411
Total equity and liabilities 14,240,156 12,990,113
Commitments and Contingencies (Notes 1, 7, 10, 11 and 12)